The Performance Analysis of Dry Bulk Shipping Firms in Taiwan / 台灣上市櫃散裝航運公司績效之研究

碩士 / 銘傳大學 / 國際企業學系碩士班 / 105 / The volatile fluctuation of dry bulk shipping market, highlight the difficult operation of dry bulk shipping companies. In recent years, due to the down turn of global bulk shipping market, Taiwan's bulk shipping business is facing difficulties, so that the operation of Taiwan's bulk shipping companies is more difficult. For bulk shipping companies, in order to enhance the competitiveness of shipping, how to improve operational performance is an important research issue.
In the past, there were few studies on the bulk shipping, and the performance evaluation of the shipping industry was mostly based on the container shipping company as the main research object or the merger assessment with the bulk shipping company. Therefore, the position of the bulk shipping company in the face of the financial crisis, the 2010-2015 data for nine Taiwan's dry bulk shipping companies is the research object, Data envelopment analysis (DEA) is used for technical efficiency value analysis followed by the Tobit regression model analysis of variable fleet number, shipping revenue, interest expense and personnel costs for the impact of the efficiency of the variables on why the use of Mann-Whitney will be divided into two groups of bulk shipping companies. The assessment will analyze the fleet number, personnel costs, operating income, operating margin, interest expense and before and after the European debt crisis, and finally use BCG matrix group to do the evaluation.
(1)There are 32.1% improvement of DEA analysis of the result.(2)Tobit regression model shows personnel costs, ship tons, interest payments for technical efficiency has a negative impact. Shipping revenue for technical efficiency was Impact significantly.(3) Mann-Whitney found that size did not significantly affect the technical efficiency (4)The results of the BCG matrix Operating margin / ship tonnage and ship tonnage matrix indicate that overall efficiency of SHIH WEI and EASTERN still has room for improvement.
Finally, the result of the analysis shows that the size of bulk shipping companies is not the key to the impact of operational efficiency of a relatively inefficient bulk shipping company, at the time the company should adjust the shipping strategy in accordance with the forecast to reduce market risk and improve operational performance.

Identiferoai:union.ndltd.org:TW/105MCU00321003
Date January 2017
CreatorsCHEN, YU-CHENG, 陳昱成
ContributorsYEH, TSAI-LIEN, 葉彩蓮
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format74

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